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20121227
20121227
Search Results 0 to 6 of about 7
cliff worries president and congress back in d.c. to talk about n'ozn budget today. toyota 1.1 billion dollar charge to settle a lawsuit has to do with more than 10 million vehicles recalled for unintended acceleration from claims the value of vehicles went down as a result. k)Ñ exchange#dww, with the bloomberg business report. >>> coming up, do you use those companies that give you a cash advance on your paycheck? you magb(:l be getting some of protected panda.id;gp >> good morning. 5:53. you see the embarcadero, bay bridge you don't see rain or traffic. we'll check in with sue and find out what is going on, on the highways. we'll find out where the rain is with mike. >>> u.s. department of commerce is due to release figures for new home sales, today's updates will hold stead if i not rise a bit they predict 375,000 in new sales. housing numbers slipped last month, new building permits ticked higher, commerce department is expected to release its new report at 7:00 this morning. >>> thousands of california residents could be getting a big check thanks to a payday loan settlement. as
the upcoming fiscal cliff. >> we are taking it outside, this is the roof cam from downtown san francisco. we are still lit up over this and it's as the skyline. we are enjoying clear skies and the mergers are in the 40's. dry, sunny conditions into the afternoon. we will continue to see mostly clear skies as we head into tonight. it is kind of cold out there, out 40 in vallejo and fairfield. oakland and san francisco coming in at 47 degrees. we're expecting mainly low 50s today we'll talk about how much rain we are expecting coming up in my next report. >> we continue to look at light traffic at bay area bridges. we have just a bit of a delay in the left-hand cassoulet and likely associated with the shift change with toll takers. the east bay and south bay peninsula still have light traffic on the freeways. >> the time is 6:01 a.m. and one person is that after an officer involved shooting in walnut creek. will tran is live on the same. >> good morning i just finished talking to the walnut police department and there is no search for any additional suspects. one person was involved and office
tossed the fiscal cliff problem to the senate today. saying once the senate has a plan congress can go forward. john fowler investigated some of the latest moves and joins us live with what could happen a week from today. john? >> reporter: do mog, we get deep spending cuts and across- the-board tax hikes. con shull staffers told me -- congressional staffers told me today, expect a bumpy ride of the halls of power empty, although negotiateders and the president are back at work. >> at the very least let's agree right now on what we already agree on. >> reporter: an olive branch to the gop and carrot to corporate giants, including the bay area's google and apple. the administration now suggesting cutting corporate tax rates. the u.s. has among the world's highest. but closing loop holes that helped google, for instance, avoid $2 billion in taxes last year. >> corporations are concerned because they're not sure the extent to which exemptions would be eliminated. >> reporter: wells capital management senior economist gary slosberg is optimistic about a deal. >> i see it at least 50-50.
of the so-called fiscal cliff, a series of tax hikes and spending cuts set to take effect in five days. >> there still seems to be no signs of a compromise acting congress and president obama. >> president obama return to washington to get the credit shortage of medication. is a video the president leaving. >> house and senate members are expected to reconvene today as well. >> without a budget agreement, automatic tax increase is for everyone in the spending cuts will be triggered in the new year. >> the main dispute continues to be over taxes. >>, of the kron 4 morning news changes are coming to a netflix starting next year. how the company wants to get users more connected socially and next. >> the web more attractive weather and headlines when we come back >> wexcome backed. >> time is 4:10. >> net flicks is adding more social features to it streaming media service in the u.s.. >> the company confirms that the congress passed a bill that drops restrictions on sharing user's video rental history. these revisions now with president obama signature before becoming law. >> lifting the
. but -- >>> the federal fiscal cliff is just days away. so what if we fall off? i'm michael finley. ahead on 7 on your side i will show you how to make the most out of an uncertain financial future. >> also here tonight, gun owners say they are being targeted in new york. a news paper article that >>> at the nation's capitol senators will meet tomorrow in ongoing effort to avoid the fiscal cliff. president obama is about to end his family vacation in hawaii and will arrive in washington early tomorrow to deal with the tax increases and spending cuts that are due to take effect next week. no official fiscal cliff negotiations between republicans and democrats have been scheduled. not a great deal of progress. >>> with the government right on the edge now of that fiscal cliff, taxpayers are facing a lot of uncertainty as we head into the new year and for many of us the usual year-end financial strategies simply may not apply this year. 7 on your side's michael finney sorts out some of the confusion. >> reporter: when it comes to year end finances the old rules may not add up this year. >> it is difficul
with fukushima daiichi -- to deal with the fiscal omq= cliff issu. retailers are doing a better job of controlling inventories, macy's and abercrombie & fitch don't have as much merchandise leftover they need to clear out.÷s+0t netflix trying if get more social, it is waiting for president obama to sign a bill passed by congress that removes restrictions on companies sharing video rental history, once it is allowed to do that netflix users will be able to share information with >m facebook that is business news live at the new york stock exchange, ellen brightman, bloomberg . >>> mike is here with a look at the forecast and our little bitty break. >> you are coming up with a lot of neat technical terms. little bitty break, like that.wy the rain. can see cloud cover starting to open up=/w, as we k down to the south from our roof cam at the embarcadero center with the lights still on, ferry building to the bay bridge, good news, no rain out of these clouds. doppler tracking waiting for anything to fall, it is not going to happen. no rain, so thin they will dissipate as we head throu
. >>> consumer confidence has fallen because people are so worried about that fiscal cliff. the index has hit the lowest level since august. the concern is over tax increases and government spending cuts set to take effect january 1st if the white house and congress can't reach a deal. >> toyota is forecasting sales of nearly ten million vehicles next year and it's expected to reclaim the title of world's largest automaker. the company is on pace to sell 9.7 million this year which would put it ahead of gm. it would also be up 22% from last year when it was unable to meet demand arch its factories and suppliers were hurt by the quake, tsunami and natural disasters. >>> and toyota will reportedly play $1.1 billion to settle lawsuits over car that accelerated unexpectedly. toyota recalled 14 million vehicles around the world. the settlement still needs a judge's approval and toyota faces lawsuits over injuries and deaths the problem. >>> wells fargo doesn't have to pay $203 million to customers after a united states appeals court overturned a decision. the first ruling was ordered at the san f
Search Results 0 to 6 of about 7